METROPOLISMetropolis Healthcare

Metropolis Healthcare reports about 15% revenue growth in its September-quarter update

Metropolis Healthcare's provisional update shows revenue up about 15% year on year, with double-digit growth in patient and test volumes and higher EBITDA margins.

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What happened

  • Revenue grew about 15% year on year in the quarter, helped by double-digit growth in patient and test volumes, according to Sahi and Whalesbook.
  • The reports name the TruHealth wellness and specialty diagnostics segments as the fastest-growing.
  • EBITDA margins were higher both year on year and from the previous quarter, per the same reports.
  • Revenue growth was 16.6% in the June quarter, when revenue was ₹450.2 crore. The company said the detailed results will follow board approval.

Why it matters

Good to know: EBITDA is earnings before interest, tax, depreciation and amortisation, a measure of operating profit. A provisional update gives headline figures before the board approves full results.

Key facts

Revenue growth
About 15% YoY (provisional)
Volumes
Double-digit growth in patients and tests
June-quarter revenue growth
16.6% (₹450.2 crore)

Read the source

This is a summary of public news about Metropolis Healthcare, for information only. It is not a recommendation to buy, sell or hold METROPOLIS.

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